Newspaper Page Text
• •• *««i« •"•rwn.ifi rnrruaeviHHMiH i airsrerr.* tt> MMMpr ».
annual the a ' ury retort.
Thj- *, n i Dkpah'i >i i •- r
Decembei .51, liw.’.t.
v -'i< I haw the :01to tr nsmit a lie
j .or i prepared in <»bt* deuce «•» the “Act sup
|f! ern<• uim to the act to eslabl• <■»'« the Trust
ttm v 1), jiartiiHMit
i : ihe hoiioi in hr, with greet rct-pnot,
sir, your obedient servant,
WM U. CRAWFORD.
,< r\. . >/' ikt ffo •' /iij'-en itu( i tt.
/*/.'/’ >- T.
'■ o dience :i > si■ directions ol “Act
jiii -solitary to the act 1 e-taliLsh the
' C.|: 'll". 1) -'|),u : 111 V :,** l iio Sc l r 't 41V nt the
: , o,, su ,• ...vju.tiicli* submit* the. billowing
He: ori ;
1. Os the Public Her* nif and Espcndihirt
for the 11' ills I 8;? 3 unit ! 8 ,!.
T'lf h ,;| r i' is ’v’mn hin crue.l Ironi do
t»e» on ir.ijiniffs ane tonnage, during the Vear
I S A), ainounuwt to
' » 17,0 m. 030
y ,
The ac a d re i mi- inloathv
'Treas'ci y during thi
i 'ii:u*uiit.Mi to ' *fv 0,66 b .'<i
\ t/. ; Hv
Co*’ 199-8, * -hi
pa, me land i ’''
Viivi lends on stack in '.lit
I lot ul (he 1 Olii :
ii .(!(!<> <SO
ti rrear* 1 i ! ntct ‘ »•
and dn •> - .iv in- - "
tal t” pen—*s !.5 5- 9
Rej'-iV - Wit' ii id v.os eh
made iii flie War Depaet
ui ".it I n ervici- or ■ ip
• plie- prior > Ist July,
t.HIG
Si iking, wifli the balance in
the Treasury on the I t
.1 aliUlU y, 183,5, ol
1i37 55
x„ | M,rrb,t.ot SI
'1 he actual ox|»f u«l‘ttur«-- du
ring the veal 18-3 t
mounted to • 15,314, 1 / I no
\ i’/ ;
Tied, diplomatic, A misCel
la neon - 3,()2s ,093 00
M ililarv rervice, ■ l« Rug
toll iltr it * ions, ordnam ,
Indian Department Re
volutionary and milit uy
pensions, tinning the indi
tiii. and arrearage, prior
to Ist January, IM7.
a, 253,‘394 77
S ava I sc vice, including
1,(5*- m c.t hio» in« reuae ol
•I* povv, >O3.Cm 3
Pub -, dein 5,,> .0,(110 41
), uitiy a balance in the
i i ea- •i, on the lirst ol
Januai v. 1H ,4, 1 I 9,-»6d 933 8l
The a- tual iere.ols into tin'
Ti easurv (lunr;ttiie liree .
ii quarters ol tin* V -i\ - 9
, au *- i mted to
li.n amounted ti.- \ 35
V iv. : **
l'a t'lins 1 <,;>r‘V2t'B 30,
i dn. lands, . 0)5 10
Dividculs. on moi k in ihe
ihiiik r*tbe Didled taio*
350,000 (50
i at internal duties Ch
i , l taxes, and inciden
ii! i cipii Dr ~idl >7
K •'incnis cf. advance,
e in tile W.u rt
meut foi sei' ices or sup*
imc , prior to Ist July,
ISi. 4d Ids tin
1, i, under act ol VI *y 34,
It! i. I'u p.ivmg; me
au at d> under the Klorida
ti.aty ’ 5,000,'t00
Vnd the u< tual receipts l do
the IT sury, ilunnp tin
finiCth ip' -rter ot’lia- y '
i irlndiii., die imni 1 ; "1
tin* loan o( li'e mdlioi -,
authorised by the net oftim
' h. of May, 1834, ter
> .mg the six per cent
•i k id 1813, arc esti
mated at _ 7,350,000 00
Making the total estimated-
receipts into (he I’re a
siiia during the year 183 ! 0,980,893 9b
And, with tile hi hi nee in the
Treasury on the I st Jan
1831. I'uriiiilig an aggi'
gate of 36,444,816 77
The expenditures during
lh ■ three lii si piai tecs i i
the ' ear 18 1 1, are e-iima
lei I o have .i luounleii to . ; .50.5,702 7
i /. :
Civil, diplomatic, ck miscel
laneous I i ‘ ■ ,430 tiO
Mil it «' n ucludiug
fart ilicaOuns, ordnance,
Indian Department. Re
v.d itinmn v and military
iiensum-.ai ming tliem.li
tia, \ arrearages prior to
Ist January 1817
4, 18,.."4 49
N..\ al serv'u e, in loding the
gradua mere '■> ol the na
vy 3,173,071 54
wards undei the hioiida
ire .ty 4,775, 1 171 ‘.9
V aii, debt 08.274,538 91
Vnd the ctpendiUi-es du
ring the 4ti. ip ai tcr, arc
miimatid at 10,374,445 13
\ 'u. .
i.'ivii, diplomatic, &, miscel
laneous 580,870 11
Military service, including
fortifications, ordnance,
Indian Department, ‘le
va lii'.iooarv and military
pen-ions, ai ndngti'e mil
> tin, arrearages, riorti
is! Jan, 1817 70.3,3 16 35
Naval--1a 1 rv ice,including the
gradual inerree of the
navy 734,343 82
1 1 Public debt 8,293,884 85
Making the total estimated
. 1 enpendituri! of the year
| 1834 31.938,147 86
And leaving in the Trea
sury on the first of J anu
ary, 1835, an estimated
'nil‘nee nf 4,506,668 91
It is to* hi ob erved. however, that this
1 in' >nce i . not te «• neidered as'subject to
appropriation,'a- there i- ’.unit an equal a
mount "t unseti-fied appropriu : ioii“, i; which,
tIi.MM-b not.-c-.dled. fo/i» the >ar 18*4, are
, fun " . v fin tin obja • lur which MIKV
■vi e' ur •I ‘ m, de. a id- which are, there'*
4'' 1' < -ling charge upon the means of
.'.in Treasury
3. Os Ihi Pafi/it /hi/.
The funded debt which was
li.ll' d hefine the
'• ear ■» 13,iid which was
11 •11 ede ■ m l on the Is' of
Oct. 18.3 a 1 ,unfed to I 6,597,.MS 58
And tl A which w;i con-
Racled subsequent) v to A ■*
I the Ist Jin nary 113, ...
. J ' * *w
f aiur v. as nnrudeeme. lon
tiie 1 si, of Oct. 1823,
■ unmun' d to 7.5,854,545 45
Making tiu* torn! ntnnunl of
‘ ■ iun h>d deb*, imredlm ned
on the )-t , f Oct. IS J 3, 90,4.51,864 03
1 In tiie i nnh i| nit t.-r ol that
1 y ear, \. r u,, added in
I Ti easm note 6 per cent,
sin k 716 7 5
|M a king an aggregate of 90,-152,580 78
. ■ d there .a ■ paid, in (he
tei'tibursejyippt 4 defer
red 6 per i at. sfifqk 274,565 88
v * • _____
Rcloci <1 ' funded debt,
on the Ist Jan 5 34. to 90,178,014 90
F in that diy to Hie Ist of
October last, tnere was
added n ! »ur and a half
per C' /n slock under the
■i t i ’.r v li 1834. 6,900,000 00
Makin te of 95,178,014 90
■ Da. 11?, die sin. period
-j there w;u paid
1 I i he re-nine of t’n>- deferred
I 1 ;>r. 1 Sim i a;.- 7, ■l6 26
4 ml, 111 ,1 nr tk< pr,
emit, stork I 1 ~5,397 10
h 1,4
And educing the funded
dent 01 li t Ist of Oct.
I 34, to 90,697.071 54
I a tin irtK quae lea of the
year, it i« - stimated b c
'I ill he added 111*01,. .1 I
' a l nil pi 1 cent, stock,
d' 1 tl-n ici ul May 3.6,
II ’ 2, i000,l>) 00
v, '4' «-.t an .!£,. egule of 9.5,197, •* •54
1 A d. during the s line pe
riod it is 1 stiinaled thCvo
will lie paid, far the re
demption of the residue
ol the 7 per cent stock
4,433,093 17
A ml of (he exchanged ti pei
ct. Stock, 2,668,974 O'J
Making together 7,152,068 16
Which will reduce the fun
ded debt, unredeemed,
on the li: st of Jan. 1835,
(including $7,000,000 5
1 per cent. stock subscrip
tion to the Han k of the Ij.
States, tor \i n».n the stock
> ol the Hank held lav the
(Fix eminent, is consider
ed an equivalent,) to 56,04.5,003 38
File ainou t of Treasury
notes outstanding, on the
I Ist et Oct. 182 ', is esti
mated at 19,756 00
Vml the urn ;: 10l Missis
ippistiiek. icrediieim d mi
6 .itda ', including aw a Is
not applied lor, at 14,016 53
15v the piceeii ,1 'Nuliitim, nt t m liscm
'rail sol tiie. year, it will be perceived
i , ,- « tin t-xnei tat 1 c.- forme Ir. -pc ii
iii fmirtl: q - - ntei should be rvili/.eil, tin
iii jit> w:6 In. ve cxr ceil 'il tl'e cs' unate pri
ll n last session of : ong ress b\
i-'Ut Ski 'i.OI -l. The oiilv fail 11, lias bee
jin tin p. nls of the public Imifs ; and
,1 -a- 1 'i’ll the result id a dis, ;ntmi-Mt
! 1 regard to e relinquished la lls ; great
(portion* 1 hich vere supposed to u V-r
. ••r.roiig inn ;. eiiiuut» to puichasers, m thoii
fertility, am! situation, and other tircum-|t
stances. But, not only has 'i,e qu*ntityit
sold been less that was anticipated, buiii
owing, it is believed in a great measure, to \
combinations of capitalists, by whicli actual i
settlers were ileien 1 from competition, tie .
price Ims not, with few exceptions, ext ee l- I
ed the minimum price fixed bs law. It is j
to be observed-, however, (bat the actual re , i
ceipis from that source of revenue duringjr
the present year, will exceed those ot thei
preceding year ; anti it is e.sdfflated that <
those for 1 ;■ in,suing f,Mr irff* not be less. ;
The - . anu»i duties on imports ",
and tonnage, whito iccrued from the first;l
ot Januaiy to of September 1 u>t, ‘
inclusive, is estim ted at 819/060,000, and!'
that of the vvhohf.y.-m X ’22,500 000 dolls. '
Isl this sum, j,lwt portiun which acciued in
1 tbe first half of »e year, exceeds, bv a ’
■ bout SboUe PJ, and tlrui in jthe three quar
(ers by about fti.StOO.Ot#), the portions 1
v y hiadi accrued in* nt, corresponding quar- ]
t- s t the precis i tig yea/.
’ a debentu. ‘s i-vucd during the three 1
first f| u-i ft s i * of the rife sent year, .un'unt
,md in J 5 2,95 2,000 } '-‘^hic!i is lcs> by §460,- 1
■jilOD than the ummm Issud during the cor- 1
.Irespondiiig period of (he preceding year ; 1
‘ ;,I "1 ,l ie ammi' tof debentures outstanding '
■ on the oOth of Septenlru hist and charge-!'
■ abb up..! 'lie revenue of I fed was §!,r.04,- i
fj- ; jv!ii< bis t..<s by g (01,000 than was,
on the same day in 182,| chargeable, upon
tile revenue of 1824.
The amount of bmnjpiu suit on tbeSOlhj 1
September last, was 909,000 ; which is!
892,000 mnr m was in suit on the same
'lay ot the preceding year. Deductings
jllroio the whole a mount ' ! duties outsta >d
mg on bom! ) and ntlu i wise, on-the 40th of
"p.cptcinbur last, the debentures actually
yi.arge able upon them and the bonds in suit,
"'<■ is estimated, that the sum payable after
the expiration of the present year, will oe ;
j about gl‘-.20t ,000. ini* amount how-j
ever,* is -uljject to debentures which m.iv'i
iiii ! be issued—but, as an allowance has al-l
rß: *dy been made for those which are now
j chargeable upon it, tin om-ideruble deduc
tion on that act onnt is to be expected. A
poi tiun n( the amou nt, also, is not pavabej
unii* 18 9.; but the residue, together withl
j A " ,nt, sh "f die duties accruing in the 4th!
quarter of die pr. sent, mil in die whole of!
On- m xt year, as may be received duin.g
thul' ' u : will .liter deducting the expense.-.!
o! collection, con oituto the receij
' e us to ms during the year 1820,
f oe prods. liven.i,f the customs, how
ev ' depends ujwn the stattf of the foreign
, ‘'ofmnecce ot the naiiuii. It is estimated
diat in the year ending on the 30th of Sep
'ember last, the value of domestic articles
■ d -g c 81,7 u, wl ich ext
ed by J ’.-> >9.31 On/ amount exported m
, d» precemto. . mil that the v due <4
• nit ;.-s -xpyriwl was 82.5,2*0,782 ;
Jwhi i was 1. ss. yy.ii5,294,8 o, limn the ..
! n " , ' ,ut VX I W - ,precatoi.ig year. The
j v:i ' ,f ‘ period, is
|e«ti:i.;,M->m#"«,.i 16,183 ; which' ex< d*
import • g yeat by g >O, i
Ii; '
hb;r dn-ee years fa .'era' - annual'
, u ' ' > in port's _ % 57'.),:; ,9 ,7 ;
,il! nol foreign arliti Cjjjp ir!; V 2.>,it .-6,201 ;l
J ar ‘ ! *■ 1 ol dome.-tic-t articles exported
'•48,904,732. The little fluctuation tlat
- is taken place in tlmse years, and the im
, l*‘’ovenient m the last c ir, niav be regard
ed as indicaiious that .he commerce ol tiie
‘ 'unfry is tending to .1 regular and sound
'• 'e II no extraordinary events should
teettr to interrupt it.it is reasonable to in
ter that there vvilj be no material or unla
, ' ''■;»!)!»■* change in the ensu. n om
I'm- foe.two years ending on the 31s. Dc.’
camber, the average annual gross am uni of)
duties on imports' was 23,227,833. fins
|l:| . o p'V (he ojiu.il yveragi* vabie oi tin
' hole importations for ih :bree years end
1 ■; on the 30th of Septa.d-cr, 1824, was
‘.12 per cent; and, upon the average ,1-
»iuunt of importations, alter deducting the
* exports of foreign articles, it was 42.42 per
ct nt. For the same iwo years, the average
annual nett ■ uoi ot duties, including ton
5 nage, dec. was (8,748,931: and, fm ihjpj
1 easons already siaicii it ; . (e. presumed
(hat, indepe tent of my influence which
tin no., ta 1 . may ii .vn. ,n the revenue,
(he amount v'uich wi l 1,.. • 'ceived mtt tlm
I reasury from customs durino* th year
1823, will be ibout equal to thafsum
Ihe ■ perati'. ", i], t . tariff upon the '
revenue cannot now, be correctly estima-i
led. >)n one important branch of impors,
those from beyond (be Cape of (i ,d 2 f ope. i
< provisions will not take ctfect until be
_ ls > <d‘ January nest. \s it is only -incc 1
i )nt ot July last that it has been in m
ration in regard to other importations and
l as the collectors are allowed, by lav tl
, months frti rendering their accounts, the a 1
( |it »n caus ony the ne'w tariff ;anm
";l 'bit portion of the imports and f, ■ one;
piuarter ot the year, be stated viib pci 11
!.i ten racy. Ii is believed, bowevi r, that t n
l investigation "Itich has been made vld a*
jViev* 1 1 ln.it object, affords data fore- v a
* tina.vts ef'crls vfith sutfinent exarti. - , r
1 > presen’ ptw’p iSc. t( has been mud
1 : , upon tl>e wlme importations (cs .uni-i
•• dtig tlieir value at ti e rates adopted mi ; m
'"•ti i stalisuciil rt ports, in ti .are. o iar
■rs.it the yeai ending on tlm 30th of June,
(18-1 '* ■ gross ummint o' duties was 27. •,}
pc cent ; ami tV.t. if the - nf tin- . ce
ij-.- ,1 tarifl bad be u applied t 1 the sain im- 1
hp o tation*, the duties would have aim mit d
1 1 to 3U.o‘( per cent ; winch is equal i o an r
' c/case upon fie amount of duti's. «f
, cent. It also appears, that, iu
the principal ports of the United
Ho rate ot duties upon the whole amount ofcp
importations during the third quarter of they*
year 1823, was 28.39; and, during the Cor
responding quarter of he year 182 1, it waai)
30 98 per cent. But, it is to tm observed f
that.in tin third quarter of 1824, the im-|c
portatisns from beyond the Cape of Goadjl
Hope were not subjected to the increased
ri e< of tii * new tariff. Toes<-it is estimated.;i
would have made tin* rate of duties in thaljc
quartet 31.40 per cent; which is equal lojl'
an increase, upon .(lie .*1 mount. »f duties, 1,1
7.J7 pei cent. The new turbf.mayvper-4
haps, have -. one elfect upon the iinpbitaiionjf
"t (hose articles which pav high rates ol du
ty, and for which articles of a lovcer*. rate.!t
may bc : subsiitut ■ i.—J’lH, as the yclvieoft
•be imports depends more upon the ability I
ol the importing country to pay than uponll
ithe amount of duty levied upon tliO ».rticlc» i: >
imported, it is not probable, tliat %uHer the,ls
present circumstances of the commeice vfl'l
1 the United Stales, there will be an v diminu- v
tion m toe aggregate, tq'.in the vvhgi!t,
therefore it is believed that the revenue.), dc- <
irivecl from imports will be increased by the i
opera, ion of the new tariff in a fatio neaHy *
mpial to thatin wbicli it is estimated tojme
been increased during (he third quagtdi* of;
the present year ii: he .ports a,bow men
,(ioned-—or, about 7s per cent. This ii 1
1 r a'C iiuwevrr, will produce less augmen- j
tation in the actual iccoipts Into.tlic Trea- .
i'Ury during the year fby i V» subsc-f
quent years. 4 * . v j
With these views i f'the subject tlye re-j
ceipis into the Ticasury, **during tbe year
. 825, are esiimated a , follows « L
Uustoms, 820,000,000 • ;
‘-"ids 1,000,000 if
ih'.nk dividends 350,000
Miscellaue us 0-
a- d inciden- * X
; tal 150,000
,Making toge
i <her 2J 500,00® |
And the re
sidue of the
loan audio,
( ri/,ed by the )
I act ot 2i th 1
! of May 1.-. st 52,450,000
j'Foi tiling an '
1 aggregate of 23,950,000
| I he cvj-.cnditures of the year are estimated
pm follows :
Uivd diploma
tic, & M is,
cellaneuus 51,085,026 76
Military ser
vice,includ-
ing fortifi
cations,ord -
nance, Indi
an De part
meiU.Revo-
lufioi r v Iff,
military p« 11
sions, arm
-1 ing the mi -
| liiia and ar
rearages pit
or to the Ist
J Jan* 1817 5,013,283 6«
Naval ei vice,
including
the gradual
increase of
the navy 3,044,7'89 31
! Public debt in
cludimr a
payment of *
87,654 570
93 of priaci- »)i
1 pal 11,962,068 9.
Making toge
ther 21,705,163 64 ! .'
;i
NVhich will leave in (he
Treasury* on the Ist of "* J
Jan, 1826, after satisfy
in v all t’: e demand of (he I
y\ >i 1 8 25, a surplus es.
ti'mated at , 82,244,836 30
b l, the first of Jp-mary, f 826, a large a
nount ut debt incur! (1 b> the late w.t> . viz,:
' 19,900,0 1 '■ ot the six per cent, stock of the
"ii 1 rij.*, will be .redeemable. A» it is notj
liiic that the si rpUts means of the rear
lb:G will more than equal the amount!
ml the inking Tumi H r that year,, only
. ,000,000 ■ f th,.t stock c.in be 'Jischargcd
I out of the.ionlin;' -v re* mines < 'he vcai.—
{Un the Ist d Janu. tv, 1827, the 6pc cents! l
ut 1814, another ponion ot the tv.,r (lebta-l
imounting to I >,000,000, will become re-!
deemablc; and, in Hi at year, alsi, it is pro
bable (hat not more than 7,000,00( .of
rincipal can be dis<. ged. Flierc will then
remain in those two years 8 000 000, which
N annul be pan! out of th- revenue of those.
. two ye at Jn 482», the amount ot principal
’■odeemable will probably -.w 1 the;
•means of the i'rta.-ury ( • v, ; ;,:9;
ami 1830 no.part ol (he publit : !>( is re-1
deeniable, and, in 1831, le a s * ..m 19,000.|
! Policy would ec u to suggv •. - n 1 *
Imth to the convenience of : , .vern hi 1
. mi (he a I vantage inlu com it -. th.it-O
jcxr •» of debt whi b c.nmud bi
1 '826 and 13:.;, shouiil ba thrown in equal;
mrl'mns, ujion tiins,' year,-in wide!', nolid no’
is payable. Fur the. presv-th -wevc: ... •
; be suil'.cient to coniine ‘u han -m rang
mo the exce.-.s ol the Teat 1826. From the
jSfa'-M.; the ’<.•,•. >. nmi'koi. and the high ere-’
dn o! .m' ■. •Tomcnt, on 1.-u is entert
cd that the 12,060,000 required to pr.ni (--
tor the oxc." of the «h 1 <m the I.' of Jan.
182.5, may be borrowed at > j>er er f. n ;m
--bui iable in 1829 and 1830. And, ii such an
arrangement is approved, ii i> Respectfully
proposed that author! lybe given by bw for
that purpose.
i’i.e. sai >c object might, perhaps, be accom
plished by an exchange of the stock redeema
ble on the Ist of January, 1826, for a 5 per
cent, st ; k rejeeiffiible in 1829 and 1880.
Kut, it S« belie«bf,that better terms may be
obiained by a krV A proposal for a loan
invites competition from all the moneyed,
capitalists, including the Hank of the United
•tales: whereas an exchange of stock con
iines the demand for the new stock to the
holders of the old constitute not
only a smal!*'portion of tl* capitalists, hut
a portion intt rested in preventing the ac
complishment ■ t the exchange. Moreover,
0 ■ xperience of the government, during the
last two year , justifies the preference tor a
ban In 1822, a law was passed authorix
e:« hang.: of 20,000,000 of the 7 pci
juid o( the 6 pet cents of tire ears
**l2 *■». 14 anil J 6, for a 3 per cent
stoepi redeemable in the years 1830,’31,
'32. and ; 3, and only .36,704 77 wcr&eji.-
uiged : a id, under lie act of the Ja»W
aioti, an'.;, /.iiig an etc
dollars, of the 6 per cenfHJPnUA; only
••V'<)B,St ; f 43 were exchanges
Should thn suggestion differed, he
adopted i\»r.aU Access e( debt
J 82($MT8-r, the amount of
puhTrcmb'. i vdeeitiahle in tarHyear, -a ill he
as IWapu ; a„ |
... . g; ,654,A7d 9 ; of 6 per i cuts.
U 826, 7,()02,A3(i 62 6 per cents.
1827, 7,001,;..37 63 6 per cents
1828, 9,490,099 10 6 per cents.
1829,, 6,000,0. h» 00, proposed, to beat
S per cent.
ft 6,000,000 00, the same.
M 6,013,901 59, the same.
0, 418,009 72, i,\ which §1,0)8.- •
000 72, are at 3
per pt.. & 3,000,-
,000 pt 4| per ct.
3 835 6,6, 3,053 3‘1,a!l at 4' per cent.
‘ & J 8.901 59,
at 5 per cent.
■34, 1,634153 73, at 4| per cent..
< 533, 4,733,296 31), at 5 per,cent,,
I'Unl... 9m a, i), *• •_ r.itml Sluic'd, f,v •
J ■' • ■ ; l ' u '' "l stork, h Jos. ni.'t; ' ;<> ; k capital- of
|; h . ' t* i; .j- Mies ,y]3. J,.,>5, of 3 11 cc.tt* V
W l "'• 1: •' • ‘bU* til*’ pi»*;>iurf of On- uorernnitnV
' • ' 1 rr V : *, v '"'v Ol 'll.- ''»iu ,i be Vo
'‘ ~ ‘ m ' ! ‘es> pi cent, a 1 - h, subscribed to Hie
1 . fJ,k * J 1 *’ l n-ir:r. perilous't>, ilie government may
; j.cMse, i>iy uri.Jiisbcs winch v,!*y remain in 13V3, ami bubsc
| qnt.at ye v. a'ur cm -'ll:»r- iT.o debt i* .-Icemablv, nod pro
j I ,oSr 1 ni,it * r • • ’ • 'Ufthe hi tlipse ■ • fifav be . pplitd f«
e. payi • •' e
1 * ’H p!'-'!-" l, r .4,1,01 , .-is, •. .■re is no doubt that
J.i S’ r*’ SOI) .i»otto ( , oft lb.l s.. may bo obtained at 4 1-2
ii' , ' 11 1* 11 ••yen 1.1 ;■#a er rale «>i n. , rt reimburseabie
I 0.3-», n whiuii yc..r, a wil! b. ,v« u. only - soiuli sum is re
dctmabie.
ijcorti: 1, ih .t losl'i'ihon ~f [be ft:!.; ri, reckoning' tbe
pPincp.t m..l in,i. if c’ •i. :;il its exiinctiun, at
! out ; l i.Uti)-,'". 4' lb..- ■«<.». k :-ul ?. ribed gftlhe
■ ,Hn ‘ •’• • ;i4nb t < d i<s <>tVsi'i by the* gur
' rnn.ent ■■■ „ • . |i .’ r \\_ will b - p-.-r • ivi 4 by allow
II - J'-d-h».bOO an mJdiu. lu. 4- :i ,| ie (i,„t
e.ir, ilic who I•• , pi'i.-i.-, del'- of toe . ii'c.i hutu v. ill be
‘ *.‘lh.'ll: bed )>., tb .1,0 of l’. . -r
11 ‘' ‘ i ‘ ■ ’ * **•' ,'ol/lie debt, if nut? !,. proper li. notice the
redi.cncii ii...! h,- ; -n clhc.cd, tlir last years.
l> °“‘ * ; j.• ■ . p-r'un r ■ a. d,r..ie of inter*t*. On tii«
islol i., t . (fle \* noli* 4 debt <y (jc Ifuited Stales Wl|
•: :i ■' of v. b 13 were Imidcd, heur
. .;• an aver,. ;p if , . per cMii-,%i«*r annlfm .Oo the
J1 » "449ry n 0..,, f-. u ;: .]*• ,•In ■■ ill b 0 ft. bt-r-
Hig- *fi ; , i- c i- •vi . , . , »i-4 , \v!m ri shews ft reduction
"I 4b] . J principei .Hid. (,r O.df. I 4 j., the aver, c
role of vi. nA. • * ' 0
1 ! I '>pe' In : ■ o, tholf'.lifi I.9tin of 55,000,000
: ■■ I ; 1 •■ 8 uu ■ • Mio hhndo Ireaty, ,nd
1 ■
■ ' :
Il f 1- j per ba\ t 1,. ») I i!.• by life, i m-i* .4 ;j,. . ' <»!»#•
• ‘V’.'i- Tin.- uiofiii* .d* -i;.. iiuyi -,r the aw at : - under the
jr i T-.da l , were i<;i ,i,vd ro soon alter tile hjolherity *5
?uen to make the lorn. ;• not, lo J-avc time uu\ for re
■-'v,::- j.; .jm- - , iron- . me, • rd th- offtiro; ii . ... r.k for
wlt ' vl ' '' 1 •). hi p. ■, ,\ „s net. pi. .. Fur loan..
' *"005 | |-< .9 ■ is ■,I . 1 ■(•.-• veri, t ilmllllli
; • ndenily of i!mt ‘he rh.uk, lo b 37. al od,-, ; , ,* v .
;og between |.n ..•> I< 1 J per cent. j, t . ~,m, mu, forming tin
HUPiigc i-.-fj. 9r,i,9 0 'l7 1-J j,,. r c.oiii. on llid whole urn unt of
’ re,> rm* proposal of ll" \’■ f.;.k v/.u for the wboie imn, , .
j'.cr. A,i lk '•;', h the individual oiicrs .re, <pp,iNoatl , mor< :.i
v-ui»Me il.hu ib.it of Iheb.ink, yet. 1 king in:,, consideration that
in ooH'mmtiii i.; tlm j"o|o’m:,.v of one-hi';h of the e.ni ;oil of
Hie I)uni,, i.ml ,i at nj . rtion of the o . . th hsnl; eq.mi te
Hie r.iuuimt i/f the b an, would I 7 ,-rwisi- have mi M-rmpfov
i e Hi'i o! of oar, Wjpg dm idedly Uu; r; om j, ( ) v
t«£eom so the <.o/. run.eol; to ;.n 'indis ido.d , ( ,>
4 3-4 per Cei l , pr- Minna. »v
I'hat, during file pv-.-ess *>!' the re>:ci.'intion of the p e Ji, dutt
a c»ostder..ble tn» F 1,,. t.y n j„di. ou.
19. ntof the public; revemie, to oilier a,l .„ the • n'i;rvv ol.jerjJ’of 3
(v. ’oditure, is oi w, 11 f/ *m n relrospe,” i's v hal lias
be. done, m 1h.,. rill y,;„-s. ~.. by a t« w ,„ bet,,. .■« »
the pro'nihle receipt* and exp. fiditures in siihfu y, -.,M
*" r lh< ‘ '..ii years, ooiurneiirin!' on ilm Ist of .'/.m.,,rv, .! "7. j
tlw loin! .99 r, Os ihe Treasury, m. ;od r;- hiiW:ce on hand, on ••
l " ! * v ' --tt.’.’.-Vla IN, >ti i he sum - o.s * 34, c
d , : ' H! H■: i »a.ti Miy bf! estimated .it N !'J (; • g
;' 1 " 1 11,, ‘ 1 'HVtbu-vfy d’5,79.tV:30 yo
: •! "'!■ t'!) mie naif wifi have be* ano
?’l *• ‘ .* to • :n - tot in ; nriocipal az.d mtciuyt
I? I ', ,‘ - , U9.J35.500 (57 t
i o t.ie j . ■ i,.f ,i ..i Imitis under the Jr loridu treaty *l,Oll 350 5G 6
1 » t’; p»99B. j/i• ■->: th Kevotfiao.u y 400 000 00 ■
Tolhe,r.iti (J nol9'.,rtfi....iions V. tX» i|
■ mhe m. re.c-e ..I ti e JVavy U.OOO IKIO (K.* I
An .to Ih* p: v ui-ut of demnnds nrii. *<ut of the
Ur warn l ).•«» U. » -*• 4,£.00 000 ue ’
j ■•'4. foi li >lhtr • u-.-is of ex( us Vuure, jn »g,.
‘ thf Cl 9: • " II ,
lions, army end envy, pensions, arming ilu tpili
I tia, bui! liny, of exlincliM: of Indian
j "ties, a..'- ,;rv ingcf public Ja/j.ii, AccSt r<c. 75,400.000 00 ®
' ' • divri-.ed among thd eight yen », is about y,4j.Udj t l # v»*
pc •<(ilium v i
* : ' 'll e .pc. :•••>.. d, thut - vcludii.c the loans, the rudu '.uer
pl of 1 1 T *• "• u'f years, rmiy b- estimated ;•* 1.700,000
y; , , :li Jala already sf.e.vu,' the annual revenue ia : M
1 ■ ii f-que.il y t is. may uls... he .• tin.:,!- iat ‘21.5¥.,000 00. cShmi!J ; v;
• r *' -»• '• : “'•■••*•»■ " th- '‘vs*,*,, m.tionai •ißtnbUm T
jme ids, the ord . ,ry am.-I ixpend.ti’ces. ex ■)u a i v « of what, m.-.v 1
.be required f. r . er» ' uof forth.< utions, und the me.r- tae of
18,60( " ! ' t , '
ndsfor
• 1 ami interest >f the pu -lie debt, and fur '(*11 ih. i r im. .r , . x . H
, sos the Got
>' **»••)■-• ; ' n nnuul snr, his of about ,v,.( no 000 .\vi. i. ;,|, rf p,. eT
t . ’ionof Ihe debt in the year 1835, ill re. oi\e hii, i-iiuhl Rddilir,»
oMb. w M,oof'-dOO no-, tppi prime! *•> tin. public debt, wh cK
. - ■ lo the com
’ the constin H.otittl pow./rv fCun ress, and as licy in their wit
; .loin, may deem proper
-Ml ’ ht*;h is 99 9'<Tif ,i y f.'bt-.i d.
WM. H. CRAWFORD.
j Trkaschy Department,
December 31, 1824.
- V-hc varioloid las appeared in Favetfr
*. 9 f r iia- been piincipaliy confined te \
p. ■ black population, some of wliotn have
j died. —Q»a/6
i i /.eat and almost dioughtless confi- 3
9 which file Grecian atlack tfi«
: '.irki ■ lb ei. is sanl tube .dmost unuxam- \
'■ • • ory. \\ ith whatever i>«
'qiniip ■»! I. 9th y hem-down direct upon
. enemies, and aftei two or three he,i IH
. . h- .•■ in,. .I.n//-as, hvtheln fire ships along fl
.p-t. 6, I.a iiitiepidity ol this people baa dnP
. cite*' - ' ..BlonisiiincTt; ct /tli«;er». ff|
IH
■k